Answer:
The coverage for noninterest-bearing transaction accounts is separate from and in addition to a depositor's coverage for other accounts, through December 31, 2012.
First published on BankersOnline.com 2/7/11
FDIC Insurance Limits
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Question:
The same customer has a non-interest bearing account and interest bearing accounts. Is the non interest bearing account included in his $250,000 FDIC limit or since insurance coverage is unlimited on these accounts would this be a separate category?
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